Infosys to buy two US companies for $560mn
BENGALURU: Infosys has strengthened its healthcare and insurance capabilities with a twin acquisition push, committing up to $560 million to expand its footprint in the US market.
The company has signed a definitive agreement to acquire Optimum Healthcare IT for up to $465 million-one of its largest acquisitions in recent years-as it deepens its presence in the healthcare provider segment. The all-cash deal includes upfront payments and earnouts, excluding management incentives and retention bonuses, and will see Infosys acquire 100% of the company's equity.
In a parallel move, Infosys has also agreed to acquire US-based Stratus for up to $95 million to bolster its capabilities in the property and casualty (P&C) insurance segment and accelerate AI-led digital and data transformation for global clients. Both transactions are expected to close in Q1FY27.
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In a parallel move, Infosys has also agreed to acquire US-based Stratus for up to $95 million to bolster its capabilities in the property and casualty (P&C) insurance segment and accelerate AI-led digital and data transformation for global clients. Both transactions are expected to close in Q1FY27.
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